Red Robin Gourmet Burgers (RRGB) Scheduled to Post Earnings on Monday

Red Robin Gourmet Burgers (NASDAQ:RRGB) will be posting its quarterly earnings results after the market closes on Monday, February 19th. Analysts expect Red Robin Gourmet Burgers to post earnings of $0.55 per share for the quarter.

Shares of Red Robin Gourmet Burgers (NASDAQ RRGB) opened at $53.20 on Monday. The company has a quick ratio of 0.37, a current ratio of 0.56 and a debt-to-equity ratio of 0.76. Red Robin Gourmet Burgers has a 52-week low of $45.35 and a 52-week high of $74.11. The company has a market capitalization of $687.76, a P/E ratio of 55.42, a price-to-earnings-growth ratio of 1.90 and a beta of 0.44.

In related news, COO Carin Stutz bought 715 shares of the business’s stock in a transaction that occurred on Tuesday, November 14th. The stock was acquired at an average price of $49.15 per share, for a total transaction of $35,142.25. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. 2.66% of the stock is owned by company insiders.

A number of analysts have commented on the company. BidaskClub upgraded Red Robin Gourmet Burgers from a “hold” rating to a “buy” rating in a research report on Saturday, December 30th. Raymond James Financial downgraded Red Robin Gourmet Burgers from a “strong-buy” rating to an “outperform” rating and cut their target price for the stock from $77.50 to $65.00 in a research report on Tuesday, November 7th. Stifel Nicolaus cut their target price on Red Robin Gourmet Burgers from $62.00 to $58.00 and set a “hold” rating for the company in a research report on Tuesday, November 7th. BTIG Research cut their target price on Red Robin Gourmet Burgers from $70.00 to $63.00 and set a “buy” rating for the company in a research report on Tuesday, November 7th. Finally, Zacks Investment Research upgraded Red Robin Gourmet Burgers from a “hold” rating to a “buy” rating and set a $59.00 target price for the company in a research report on Wednesday, January 31st. Six equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $68.18.

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About Red Robin Gourmet Burgers

Red Robin Gourmet Burgers, Inc, together with its subsidiaries, primarily develops, operates, and franchises full-service restaurants in North America and focuses on serving selection of gourmet burgers. The Company’s menu features a line of gourmet burgers, which it makes from ground beef, as well as its line of Red’s Tavern Double Burgers and its Red Robin’s line of half-pound Angus beef burgers with various toppings.

Earnings History for Red Robin Gourmet Burgers (NASDAQ:RRGB)

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